SERVICE TAX CREDIT
This query is : Resolved
27 March 2009
Dear Sir,
I have made payment in march to a job worker for preparation of machine components. The payment was made for whole amount including service tax but i doubt that the job worker will not pay the service tax collected by him in such case can i take the credit of the service tax which i have paid if the job worker does not pay the service tax and will there be any default on my side in this matter.
Further if i have claimed the credit and the job worker does not pay the service tax will i have to reverse the credit which i had taken
I have made payment in march to a job worker for preparation of machine components. The payment was made for whole amount including service tax but i doubt that the job worker will not pay the service tax collected by him in such case can i take the credit of the service tax which i have paid if the job worker does not pay the service tax and will there be any default on my side in this matter.
Further if i have claimed the credit and the job worker does not pay the service tax will i have to reverse the credit which i had taken
27 March 2009
Please check whether in the invoice the Job worker has mentioned his Service Tax regn No. If its not there then you can ask him whether he is registered. If he is not then you can not claim the credit. If he is registered then you can claim the credit as payment of Service Tax is liability of the Job vendor and not yours.
But make sure he is registered.
But make sure he is registered.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- ITDS U/S.194T of Firm
- URGENT-Eligible leaves being shown as 24 days for 3 years Articleship instead of 156 days in 108
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Bank details not Visible on Traces Portal
- TDS ON EMAIL DOMAIN SERVICE BILL
- Journal entry of busniess expenses
- Capital gain on sale and purchase of plot
- Resigning a auditor from the company for misconduct
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- Eway bill not cancelled within 24 hous what can be due
- TDS Deducted AY-2013-14 Not Reflected in 26as
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
